Flputnam Investment Management Co. Buys 7,317 Shares of QUALCOMM Incorporated $QCOM

Flputnam Investment Management Co. grew its stake in QUALCOMM Incorporated (NASDAQ:QCOM) by 11.8% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 69,149 shares of the wireless technology company’s stock after purchasing an additional 7,317 shares during the period. Flputnam Investment Management Co.’s holdings in QUALCOMM were worth $11,504,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Brighton Jones LLC grew its holdings in shares of QUALCOMM by 116.6% during the 4th quarter. Brighton Jones LLC now owns 17,356 shares of the wireless technology company’s stock worth $2,666,000 after purchasing an additional 9,343 shares in the last quarter. Revolve Wealth Partners LLC raised its stake in shares of QUALCOMM by 15.4% in the fourth quarter. Revolve Wealth Partners LLC now owns 2,542 shares of the wireless technology company’s stock valued at $391,000 after purchasing an additional 340 shares in the last quarter. CW Advisors LLC lifted its position in QUALCOMM by 23.2% in the first quarter. CW Advisors LLC now owns 40,862 shares of the wireless technology company’s stock worth $6,303,000 after purchasing an additional 7,704 shares during the period. Compound Planning Inc. boosted its stake in QUALCOMM by 47.7% during the first quarter. Compound Planning Inc. now owns 7,146 shares of the wireless technology company’s stock worth $1,098,000 after buying an additional 2,307 shares in the last quarter. Finally, Groupe la Francaise boosted its stake in QUALCOMM by 9.4% during the first quarter. Groupe la Francaise now owns 2,956 shares of the wireless technology company’s stock worth $467,000 after buying an additional 253 shares in the last quarter. Institutional investors own 74.35% of the company’s stock.

QUALCOMM Price Performance

Shares of QUALCOMM stock opened at $175.25 on Friday. The stock has a market capitalization of $187.69 billion, a price-to-earnings ratio of 35.84, a P/E/G ratio of 3.84 and a beta of 1.22. The firm’s 50-day moving average price is $171.84 and its two-hundred day moving average price is $163.19. The company has a current ratio of 2.82, a quick ratio of 2.10 and a debt-to-equity ratio of 0.70. QUALCOMM Incorporated has a 1-year low of $120.80 and a 1-year high of $205.95.

QUALCOMM (NASDAQ:QCOM) last posted its earnings results on Wednesday, November 5th. The wireless technology company reported $3.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.87 by $0.13. The company had revenue of $11.27 billion during the quarter, compared to analysts’ expectations of $10.74 billion. QUALCOMM had a net margin of 12.51% and a return on equity of 43.22%. QUALCOMM’s quarterly revenue was up 10.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.69 earnings per share. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. On average, equities analysts predict that QUALCOMM Incorporated will post 9.39 earnings per share for the current fiscal year.

QUALCOMM Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 18th. Shareholders of record on Thursday, December 4th were paid a $0.89 dividend. The ex-dividend date of this dividend was Thursday, December 4th. This represents a $3.56 dividend on an annualized basis and a yield of 2.0%. QUALCOMM’s payout ratio is currently 72.80%.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on QCOM. Wall Street Zen cut shares of QUALCOMM from a “buy” rating to a “hold” rating in a research note on Tuesday, December 9th. Cowen reissued a “buy” rating on shares of QUALCOMM in a research note on Thursday, November 6th. JPMorgan Chase & Co. increased their price target on shares of QUALCOMM from $200.00 to $210.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 4th. Bank of America raised their price target on shares of QUALCOMM from $200.00 to $215.00 and gave the stock a “buy” rating in a research note on Thursday, November 6th. Finally, Susquehanna set a $210.00 price objective on QUALCOMM in a research note on Thursday, November 6th. Thirteen analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $192.94.

QUALCOMM News Summary

Here are the key news stories impacting QUALCOMM this week:

• Positive Sentiment: Qualcomm completed its acquisition of Alphawave Semi roughly a quarter ahead of schedule — the deal adds high‑speed connectivity IP and appoints Alphawave CEO Tony Pialis to lead Qualcomm’s data‑center business, accelerating Qualcomm’s push beyond handsets into higher‑growth data‑center markets. Qualcomm Completes Acquisition of Alphawave Semi
• Positive Sentiment: Market reaction: coverage and trading show shares rose after the Alphawave deal as investors rewarded the strategic expansion into data‑center chips and connectivity IP — supporting the view of a re‑rating away from a pure handset story. Qualcomm Stock Rises After $2.4 Billion Alphawave Semi Deal
• Positive Sentiment: Recent performance: research notes and screens point to Qualcomm outperforming broader market moves recently, reflecting investor interest in its expanding end markets and improving revenue mix. Qualcomm (QCOM) Surpasses Market Returns
• Neutral Sentiment: Valuation and analyst views are mixed — commentary notes Qualcomm’s P/E is at decade highs as the market re‑rates the name; some firms remain cautious (Cantor Fitzgerald neutral) while others keep buy views and higher targets, so continued execution in 2026 will be critical to justify the multiple. Qualcomm’s Monster Rally Has a Catch—Can the Stock Keep Climbing?
• Negative Sentiment: Insider selling: EVP Ann Chaplin sold 7,180 shares (~$1.28M) earlier this week (reported), trimming her stake ~23% — insider sales can be read as profit‑taking and may create short‑term investor caution. QUALCOMM (NASDAQ:QCOM) EVP Ann Chaplin Sells 7,180 Shares
• Negative Sentiment: Another EVP, Akash J. Palkhiwala, sold 2,538 shares (~$447k) — additional insider sales add to the narrative of executives taking gains ahead of the new year. SEC filing: Insider Sale

Insider Activity at QUALCOMM

In other QUALCOMM news, insider Heather S. Ace sold 1,600 shares of the stock in a transaction dated Friday, November 7th. The shares were sold at an average price of $172.87, for a total transaction of $276,592.00. Following the sale, the insider owned 19,593 shares of the company’s stock, valued at $3,387,041.91. This represents a 7.55% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Patricia Y. Grech sold 203 shares of the firm’s stock in a transaction dated Tuesday, December 2nd. The shares were sold at an average price of $170.00, for a total transaction of $34,510.00. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 200,023 shares of company stock valued at $33,558,154. 0.08% of the stock is currently owned by company insiders.

QUALCOMM Company Profile

QUALCOMM Incorporated is a global semiconductor and telecommunications equipment company headquartered in San Diego, California. Founded in 1985, the company is known for its development of wireless technologies and for playing a central role in the evolution of digital cellular standards, including CDMA and subsequent generations of mobile standards. Qualcomm’s business combines the design and sale of semiconductor products with a patent licensing program for wireless technologies and related intellectual property.

The company’s product portfolio includes system-on-chip (SoC) platforms marketed under the Snapdragon brand, cellular modem and RF front-end components, connectivity solutions for Wi‑Fi and Bluetooth, and processors and platforms aimed at automotive, IoT, networking and edge-computing applications.